Looking around on the top live account and a few have over 1,000% YTD gains and we’re only half way through the year. Obviously it’s legit since the accounts are verified through Forex Factory. I’m curious to know if anyone has averaged 500% YOY for at least 3 years consecutively.
{quote} Well their draw downs are up to -80+%, What you expect?
{quote} As Alan Greenspan said in his testimony following the LTCM collapse, no matter how skilful the trader, over the longhaul abnormal returns are sustained only through abnormal exposure to risk. I started off with £1000 with an appetite for high risk, but as my account size grows, I'm cutting back aiming for a max drawdown of 20-30% which is part of my trading development. Its difficult to achieve a tight drawdown and a decent return (IMO, multiple times your deposit in a year) but thats the holy grail I guess. In my view, theres no point having...
{quote} Well said. In the end is all about the psychological level that you can take it for your draw down. The objectives of your trading system must be CLEAR Is somewhat like "WHAT AM I actually trying to achieve with this trading system?" 1) Your goal is to trading for fund managing? Draw downs, risks NEEDS to be conservative 2) Your goal is to trade for a living? Consistent gains, high efficiency 3) Your goal is to trade for money? (short term) Go for High Risk setups Provided you have the systems in hand, Trade safe, cheers
{quote} Solid info. My goal is to be in this for the long haul. Full time. I think I’ll keep my risk at 2.5% and my reward at 5%.
{quote} Focus on your trading system's efficiency. (How WELL you can FOLLOW and execute the system) Results is just a by-product of how efficient you are in following your system's rules. Trade safe
